BYRG, PNCH, FSLR & Extended Watchlist

Buyer Group International, Inc. BYRG

BYRG is gold play that is currently getting a lot of overnight newsletter coverage, so we figured we’d slip in a mention, and put this stock on our watchlist for today. It appears the stock is trading near a relative bottom, and Friday’s volume was well above average.
New PR this morning:

AUSTIN, Texas, March 18, 2013 /PRNewswire/ — Buyer Group International, Inc. (OTCPINK: BYRG) (“BYRG” or the “Company”) today announced that Rudolph M. Dahl has joined its team as a consultant focused on financing development of all aspects of BYRG projects on a domestic and international scale.

“We expect that Rudy will be of enormous benefit to Buyer Group in locating and financing international projects,” said Dave Bryant, BYRG’s CEO.  After a thorough examination of BYRG, Mr. Dahl added, “I am excited to be joining the BYRG team and assisting in project development.  The more you look at what is out there, the more you can see the potential.”

___

IC Punch Media, Inc. PNCH

We first mentioned PNCH on Tuesday, and it was followed by fours consecutive days of green closes for the stock. Following Tuesday’s mention the stock traded as low as .006, before reaching its high of .0092 on Friday, and closing at .009. This range marks the chance for gains of 50% or more.

BARCHART.COM is still calling PNCH a “72% Overall Buy” Rating, even after almost a week’s worth of increases.

After so many days of increases, it would not be out of the ordinary to see a pullback on PNCH this week. In that event, we would like to see support hold .0065.

___

First Solar, Inc. FSLR

FSLR is a big board energy play that we mentioned back on February 27th. The stock made a modest, yet solid 8% move in just two weeks, from a 25.50 low, up to Wednesday’s high at. 27.54. For a stock priced in this range, 8% is quite a good move in such a short time period.

___

Extended Watchlist:
MCET, EEDG, EGOH, PAWS, NNSR, CLSN

MCET, MJNA, MWIP & Extended Watchlist

MultiCell Technologies, Inc. MCET

MCET put in another solid performance yesterday, maintaining its uptrend. We’ve taken a lot of interest in the biotech sector lately, and have been duly rewarded.

The volume that has been flowing through MCET for the past week and a half has been astronomical, with yesterday being the second-highest volume day. It opened at .0058, before dipping to .0046, and then ran to .006, gaining 30%  We then saw a dip to .0049 before the stock ran to .0067 tallying an added gain of 37%

From Friday’s low of .0035 we’re looking at gains of almost 100% in total, and with the amount of momentum in this stock currently, we are leaving MCET on our watchlist for the foreseeable future.


___

Cannabis Stocks
MJNA and MWIP each closed out Monday’s session with gains of around 20% We have yet to stop paying attention to the marijuana sector, as it seems that we are pulling winners from that group on a very regular basis of late.

For those of you just joining our ranks, as listed in the most recent roundup report on marijuana stocks, we are looking at several different symbols, including: MJNA, MWIP, HEMP, CBIS, GRNH, XCHC, ERBB, PHOT, LATF, TRTC, and more recently, EDXC.

___

Extended Watchlist:
VOIS, SIRG, CICI, CBAI, PEIX, BIOF, NEWL, PAL

CNCT, MCET, & Extended Watchlist

Options Trading
We just wanted to give ourselves a pat on the back for Friday’s mention of the SPY 151.00 Calls. After observing a pre-market gap-up, we saw a consolidation in the first few hours of trading, which provided an entry opportunity in the .20-range. In the afternoon, the markets surged, bringing in heavy buy-side volume during power hour, sending the SPY to new daily highs into the close. The 151.00 Calls then closed at their high of day at .82. Possible gains of 300-400% were ripe for the taking, so we couldn’t resist pointing out another job well done on our part.

We will continue to monitor the SPY this week. With the momentum experienced into Fridays close, we’re looking for another possible gap-up this morning followed by a pullback and possible bounce.

___

China Teletech Holding, Inc. CNCT

Speaking of good calls, CNCT was caught on our pre-market volume scanner on Wednesday, and included in our extended watchlist as a result. It opened at a penny, only to rocket as high as the .47-range, before pulling way back to close at .081. On Thursday it went from .097-.194. Then again on Friday it ran it went from .17-.29, closing at .284.

This stock turned out to be one of the top performers on the OTC Markets last week, and a shining example of why we always stress the importance of monitoring all of our interests, even those that just appear in the extended watchlist. The EW, as we call it around the office, has yielded so many big gainers in the past, we can’t even begin to count them all.

___

MultiCell Technologies, Inc. MCET

MCET is another Extended Watchlist star that we caught for the first time publicly on Friday, though we have silently had it on our radar for weeks. We were waiting for just the right time to mention it, and Friday’s timing could not have been any better. The stock opened at .0035, dipped to a low of .0034, and closed out the session at its high of day (.0056), a gain of 70% on the day.

___

Marijuana Stocks also continue to remain at the tops of of our watchlists. Particularly: MWIP, MJNA, HEMP, GRNH, PHOT, ERBB___

Extended Watchlist:
SNDY, ZNGA, JAG, NOK, PMCM (Big Promotion)